A battle over shipping rates
Last Updated on Friday, 15 October 2010 12:01 Written by a2e Friday, 15 October 2010 12:01
A lawsuit alleges that UPS and FedEx violate antitrust law by conspiring to lock in shipping rates. AFMS Logistics, the company that plans to re-file its federal complaint as early as tomorrow, seeks up to $60 million in damages.
AFMS Logistics Management Group, a shipping consultant to retailers and other shippers, has filed a complaint in federal court charging United Parcel Service of America Inc. and FedEx Corp. of antitrust violations by refusing to work with AFMS and similar firms to revise rate contracts on behalf of shipping clients.
AFMS, based in Portland, OR, charges that UPS and FedEx have “induced and persuaded” shippers not to deal with it, and that UPS and FedEx have threatened to raise the rates of any shipping clients who share their shipping data with outside consultants for the purpose of seeking re-negotiated rates from the two carriers.
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